Lot 10 Block 54 Plan 182 St
Norfolk, N3Y2G6
UNAVAILABLE
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Apartment
CATEGORY19,600 Sq Ft
TOTAL AREAX5333468
MLSIDContact Us
Property Description
Opportunity To Purchase A Large Fully Leased & Licensed Retirement Residence In Sw Ontario. With Over 19000 Sqft Of Space & 39 Rooms. High Income Opportunity With Over 9% Cap Rate, Turnkey & Highly Profitable Operation. The Current Owners Have Spent Hundreds Of Thousands On Mechanical Updates That Include: Hvac, Sprinkler System, Updated Rms, Updated Common Areas, Updated Kitchen And Medial Areas, New Exterior Stucco, Windows, New Accessibility Entrance
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Extras
Door Along With Other Numerous Updates. Building Features: 19000+ Sq Ft, Exterior Parking, Well Maintained & Updated Mechanicals, Sprinkler System, Newer Roof, 400 Amp 600 V
Property Details
Category
Apartment
Usage
Seniors Residence
Zoning
Institutional
Total Area
19,600 Sq Ft
Lot Size
114' x 180'
Taxes
$7,314 (2021)
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Listing contracted with Royal Lepage Real Estate Services Ltd., Brokerage
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